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Is Ephraim, UT 84627 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Ephraim is a buyer’s market. With about 6.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.7Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list96.5%Sold price ÷ list price
Median days on market60Listing to accepted offer
Median price per sq ft$162▼ −5.5% vs. last year

The Ephraim housing market right now

In the three months ending August 31, 2026, 17% of homes in Ephraim, UT 84627 sold above their list price, the typical home went under contract in 60 days and there were 6.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (82 days then) and the median sale price rose 26% to $464,799. Overall, Ephraim is more competitive than a year ago, so tougher for buyers.

Within Sanpete County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 63%.

Nearby, buyers who want less competition could look at Gunnison 84634 (0% sold over asking) or Fountain Green 84632 (0% sold over asking), while Moroni 84646 (40% sold over asking) and Mount Pleasant 84647 (24% sold over asking) are even more competitive.

Run the numbers for 84627

Prefilled for 84627Can I win this house?Multiple-offer likelihood for a listing Prefilled for 84627Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Centerfield 84622Balanced $170 /sq ftChester 84623 — /sq ftFairview 84629Buyer’s market $248 /sq ftFayette 84630 — /sq ft Browse all markets →

Towns like Ephraim nearby

Find towns like Ephraim in other states →
Mount Pleasant, UT84647 · 12 miles away44% similarcheaper homes ($105K less) · older residents Ferron, UT84523 · 31 miles away42% similarcheaper homes ($198K less) · smaller Manti, UT84642 · 7 miles away37% similarcheaper homes ($110K less) · smaller Salina, UT84654 · 32 miles away37% similarcheaper homes ($140K less) · smaller

Where Ephraim is

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Questions about Ephraim real estate

Is Ephraim a buyer’s or seller’s market?

A buyer’s market: there were 6.7 months of supply in Ephraim, UT 84627 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Ephraim?

The typical home went under contract in 60 days in the latest three months.

Do homes in Ephraim sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.

What are property taxes in Ephraim?

About 0.47% of a home’s value a year in Sanpete County, or roughly $1,880 on a $400,000 home.

What is the median home price in Ephraim?

The median sale price was $464,799 in the three months ending August 31, 2026, about $162 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology